Global Ship Lease (GSL) Interest Expenses (2009 - 2026)

Global Ship Lease's (GSL) quarterly Interest Expenses came in at $10.5 million in Q1 2026, down 6.63% year-on-year from $11.2 million in Q1 2025, and down 8.93% quarter-over-quarter from $11.5 million in Q4 2025.

Global Ship Lease (GSL) Interest Expenses (2009 - 2026) Analysis & Trends

Global Ship Lease's Interest Expenses history runs 18 years deep, the most recent figure standing at $10.5 million for Q1 2026.

  • On a quarterly basis, Interest Expenses fell 6.63% year-over-year to $10.5 million in Q1 2026; TTM through Mar 2026 was $45.4 million, a 10.45% decrease from a year earlier, with the FY2025 full-year figure at $2.0 billion, up 3593.23% from the prior year.
  • Interest Expenses fell to $10.5 million in Q1 2026 per GSL's latest filing, from $11.5 million in the prior quarter.
  • Across five years, Interest Expenses topped out at $17.7 million in Q3 2023 and bottomed at -$41.4 million in Q2 2022.
  • The 5-year median for Interest Expenses is $12.2 million (2025), against an average of $7.9 million.
  • Across the five-year window, Interest Expenses plunged 235.15% in 2022 and soared 184.14% in 2023, its largest moves.
  • Year by year, Interest Expenses stood at $17.0 million in 2022, then retreated by 0.2% to $17.0 million in 2023, then dropped by 28.52% to $12.1 million in 2024, then retreated by 5.3% to $11.5 million in 2025, then declined by 8.93% to $10.5 million in 2026.
  • Per Business Quant, the three latest GSL Interest Expenses figures stand at $10.5 million (Q1 2026), $11.5 million (Q4 2025), and $12.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 ZIM Integrated Shipping Services 3,084,216.90 Bn 3,084,215.99 Bn 57.20 Mn -112.20 Mn
2 Danaos 37,407.52 Bn 37,406.64 Bn 203.71 Mn 23.11 Mn
3 Sfl 1,574.06 Bn 1,573.91 Bn 66.27 Mn -38.14 Mn
4 Capital Clean Energy Carriers 37.96 Bn 37.42 Bn 95.52 Mn -23.03 Mn
5 Kirby 9.76 Bn 9.69 Bn 291.34 Mn 3.48 Mn
6 Matson 6.49 Bn 6.39 Bn - 407.70 Mn
7 C3is 5.03 Bn 5.03 Bn 10.51 Mn -1,852.00
8 Hafnia 3.79 Bn 3.79 Bn 152.41 Mn -12.94 Mn
9 Intercont (Cayman) 3.29 Bn 3.29 Bn - -
10 Global Ship Lease 1.55 Bn 1.55 Bn - 10.47 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 10.47 Mn
Mar 31, 2026 10.47 Mn
Dec 31, 2025 11.50 Mn
Dec 31, 2025 11.50 Mn
Sep 30, 2025 12.25 Mn
Sep 30, 2025 12.25 Mn
Jun 30, 2025 268,448.00
Jun 30, 2025 268,448.00
Mar 31, 2025 11.22 Mn
Mar 31, 2025 11.22 Mn
Dec 31, 2024 12.14 Mn
Dec 31, 2024 12.14 Mn
Sep 30, 2024 12.65 Mn
Sep 30, 2024 12.65 Mn
Jun 30, 2024 14.72 Mn
Jun 30, 2024 14.72 Mn
Mar 31, 2024 15.90 Mn
Mar 31, 2024 15.90 Mn
Dec 31, 2023 16.99 Mn
Dec 31, 2023 16.99 Mn